December 18, 2017
As a reminder, the MAAR office will be closed next Monday, December 25 and Tuesday, December 26 as well as the following Monday, January 1. We wish you and yours a happy and safe holiday season!

Earn 3.00 CE at CONNECT 2018 
Connect: Double Down For Your Business is a first of its kind Realtor and Originator event designed to bring Agents and Loan Officers together to grow their businesses. Highlights include:
  • Black Jack tournament
  • Comedian Cy Amundson
  • Vendor Alley
  • Realtor CEs
  • Breakout Sessions with Jeremias Maneiro of JMan Seminars
  • Round Table Discussions
  • Top Producers Panel
  • Networking
  • Charity Event and more 
MMA members and Realtors pay just $89, Non-member LOs pay $109.
HURRY! There is a block of hotel rooms for $139 before December 20. Call 1-800-262-7799 and ask for Reservations. Mention "Minnesota Mortgage Association" event to get the discounted pricing. Grab your REALTOR® friends and join us to make this a great event!

Attention Members

1st Quarter MLS payment is due by December 31, 2017.
To make your payment via credit card, log in to the online portal to review your credit card information and/or to remove invalid credit cards before submitting payment. To protect your credit or debit card information payments by phone will not be accepted. Payments can be made securely online or in person. Once payment is submitted, there are no refunds.

Jean Leakes Emerging Markets Scholarship 
Applicants who are passionate about closing the homeownership gap, immigration issues, community/civic involvement, inclusion and diversity issues, and international real estate markets are encouraged to apply for the Emerging Markets Services Scholarship in honor of Jean Leake, MAAR REALTOR member, who was instrumental in establishing MAAR's Minority Support Group, Equal Opportunity Committee and the Minority Dues Assistance program.
Anne Brockhouse Future Leader Scholarship
In honor of Anne Brockhouse's dedication and commitment to MAAR and the REALTOR® community, we are offering a scholarship to enable an individual to attend the National Association of REALTORS® (NAR) Midyear Meetings in Washington, DC. This individual must be willing to demonstrate leadership abilities within MAAR and the REALTOR® community. 

"National economic trends can help inform what the housing market will do over the next year. Residential real estate should remain active if joblessness continues to decline and wage growth picks up. However, those increased wages must be in line with median sales price increases. Unfortunately, that has not always been the case. Add in factors such as increasing mortgage rates, student loan debt and lower affordability, and the balance becomes more interesting but not insurmountable for home purchasers." | MORE

"With the majority of 2017 in the books, the Twin Cities housing market is likely to cap off another mostly positive year." Read more of David Arbit's blog: Home Prices Reach New Record While Sales Growth Moderates

Tuesday, December 19 (10:00 a.m. - 11:00 a.m.)
Presenter: Susan Dioury, Legal Counsel with the MN Association of REALTORS®
Sponsor: Mark Schultz, Advanced Carpet Restoration

Tuesday, December 19 (1:00 p.m. - 4:45 p.m.) 
This course has been approved by the Minnesota Commissioner of Commerce for 3.75 hours of real estate continuing education
Wednesday, December 20 (9:00 a.m. - 12:00 p.m.) 
This course has been approved by the Minnesota Commissioner of Commerce for 3.00 hours of real estate continuing education
Wednesday, December 20 (2:00 p.m. - 4:00 p.m.) 
This course has been approved by the Minnesota Commissioner of Commerce for 2.00 hours of real estate continuing education

NEW Call for Action
Thanks to our members’ engagement, REALTORS have helped positively influence tax reform in some key areas.  For example, both the House and Senate have agreed to maintain deductibility of state and local property taxes up to $10,000, and to maintain Section 1031 tax-deferred exchanges in their present form for real estate investments.
BUT OUR WORK IS NOT DONE. REALTORS have an opportunity to influence Congress to help make the tax reform bill more favorable to homeowners and consumers.  Now that both the House and Senate have passed The Tax Cut and Jobs Act, a Conference Committee will begin to address the differences between the two bills. Important improvements in the legislation are possible by encouraging Congress maintain the current law for the mortgage interest deduction and capital gains.  Congress can also address the State and Local Tax Deductibility issue by expanding the provision to include income taxes, raising the cap and indexing the cap to inflation.  These changes and retaining the current law makes the bill more favorable to homeownership. 
Take action to tell Congress to protect middle-class homeowners.

Annual Membership Dues 
2018 membership dues were due on November 30. A $50 late fee has been applied to those who have not yet paid. Please log in and submit payment by January 2 to avoid inactivation and an additional $50 reinstatement fee.


Option Realty, Inc. 
If timing is not right to sell real estate, consider having your license held by a LFRO company
BOSS Organizer 
Start your New Year off right with this BOSS Organizer found in our MAAR store. Great as a gift as well! Search for "Organizers" in Product Categories. 
You will not have MLS access; however, you remain licensed to receive referral fees. Contact Option Realty, Inc. |  612-385-6479  | 
Minneapolis Area Association of REALTORS
5750 Lincoln Drive
Minneapolis, MN 55345